Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: Bybit against Ondo Perps+0.100%7-day average +0.039% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.238%−$24 on $10k
+Price spread, last 4 days (all we have)−0.284%−$28 · spread now +0.100%, 7d avg +0.039%
=Together, before fees−0.522%+ Points / potential airdropOndo Perps: Active · farm board−$52 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.062% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.100% now, against its 7-day average of +0.039%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.1 days. At the pace of the last 7 days (−0.238% in total) that is about 43 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps GLW-USD.P | 159.45 | 0.0050 | pay 0.0006% / 1h | 16m 39s | $288K | $118K | 10x |
| Short | Bybit GLWUSDT | 159.61 | 0 | get 0.0000% / 8h | 3h 16m | $916K | $203K | 25x |
Ondo Perps GLW-USD.P
Bybit GLWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Ondo Perps. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$10.58
- Price spread: +0.100% → +0.039%
- $6.17
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$20.42
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Bybit: live order book, 34 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 34 min ago | 2.17 bp | 39.4 bp −$39 | 194.3 bp −$1,943 | doesn't fit | doesn't fit |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
GLW on 17 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GLWUSDT | 0.0000% | 8h | 159.74 | +0.182% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDTshort | 0.0000% | 8h | 159.61 | +0.100% | $916K | $203K | 25x | |
| Gate GLW_USDT | 0.0000% | 8h | 159.58 | +0.082% | $2.2M | $4.2M | 50x | as long as short |
| Bitget GLWUSDT | 0.0000% | 8h | 159.80 | +0.220% | $2.1M | $870K | 20x | as long as short |
| GRVT GLW_USDT_Perp | 0.0000% | 8h | 159.55 | +0.062% | $185 | $197K | 10x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 159.13 | −0.201% | $1K | $1.8M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 159.38 | −0.044% | $16K | $16K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 159.34 | −0.069% | — | — | 10x | as long as short |
| QFEX GLW-USD | +0.0050% | 1h | 159.39 | −0.038% | $1.1M | $1.8M | 10x | as long as short |
| Ondo Perps GLW-USD.Plong | +0.0050% | 1h | 159.45 | long leg | $288K | $118K | 10x |
Aster GLWUSDT
Gate GLW_USDT
Bitget GLWUSDT
GRVT GLW_USDT_Perp
SunX GLW-USDT
HTX GLW-USDT
Vest GLW-USD-PERP
QFEX GLW-USDShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:GLW | +0.0060% | 1h | 159.46 | +0.006% | $311K | $41K | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 159.51 | +0.038% | $321K | $922K | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 159.35 | −0.063% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0126% | 8h | 159.77 | +0.201% | $2.2M | $4.4M | 20x | as long as short |
| Binance GLWUSDT | +0.0157% | 8h | 159.69 | +0.149% | $10.4M | $22.4M | 20x | as long as short |
| Extended GLW-USD | +0.0160% | 1h | 159.56 | +0.066% | $2K | $1K | 10x | as long as short |
| BloFin GLW-USDT | +0.0174% | 8h | 159.45 | 0.000% | $150K | $36K | 20x | as long as short |
Paragon para:GLW
KuCoin GLWUSDTM
Orderly PERP_GLW_USDC_mythos
OKX GLW-USDT-SWAP
Binance GLWUSDT
Extended GLW-USD
BloFin GLW-USDT